1. India–UK Free Trade Deal Signed
India and the united kingdom have officially entered into a new free trade agreement (FTA), aiming to boost annual bilateral trade by over $30 billion. This historic step is expected to benefit multiple sectors including technology, textiles, and pharmaceuticals. The indian government will now roll out 1,000 public outreach sessions to spread awareness about the deal's benefits.

2. india Resumes Tourist Visas for China
After nearly five years of suspension, india has reopened tourist visa services for Chinese citizens. The move marks a positive development in bilateral relations and is expected to encourage tourism and business exchanges between the two nations.

3. Myntra Faces FEMA Violation Case
The Enforcement Directorate (ED) has filed a notice against fashion e-commerce platform Myntra over alleged violations of foreign investment rules. The case involves financial irregularities amounting to ₹1,654 crore under the Foreign Exchange Management Act (FEMA).

4. Vice-Presidential election Process Begins
Following the resignation of the Vice President of india, the election commission has begun preparations for the election. Returning officers are being appointed and the electoral college formation is underway.

 State Highlights
5. karnataka Traders Protest GST Notices
In karnataka, traders are protesting against thousands of Goods and services Tax (GST) notices based on UPI transaction data. government officials have clarified that these are only preliminary notices, and traders are encouraged to respond with explanations.

6. odisha Launches Drug-Free Campus Drive
Odisha’s government has rolled out an anti-drug awareness campaign across colleges and universities, using the MANAS portal for student engagement. Meanwhile, a senior IAS officer received conditional bail in a vigilance case, drawing attention across administrative circles.

Global Affairs
7. UN court to Issue Climate Opinion
The international court of Justice (ICJ) is expected to deliver an advisory opinion on countries’ legal responsibilities in combating climate change. The ruling, although not binding, could influence global climate policy.

8. US Exits UNESCO (Again)
The united states has announced its withdrawal from UNESCO, citing concerns over governance and political biases. The UN cultural agency expressed disappointment at the decision.

9. Russia–Ukraine Peace Talks Expected
There are fresh indications of possible peace talks between russia and ukraine as back-channel diplomacy continues. The global community watches closely as conflict persists in eastern Europe.

 Sports & Culture
10. sports Bill Presented in Parliament
A new bill aimed at regulating indian sports bodies and increasing transparency has been introduced. If passed, it could bring institutions like the bcci under formal oversight.

11. Kabaddi League Reports ₹238 Crore Valuation
The inaugural season of the UP Kabaddi League has been valued at ₹238 crore, showcasing the sport’s rapid growth and regional popularity.

12. arjun Erigaisi Wins Chess Tournament Abroad
Indian Grandmaster arjun Erigaisi secured top honors in an international chess tournament, continuing India’s strong performance in global chess events.

 Weather Update
13. mumbai Braces for High Tides
The mumbai civic body (BMC) has issued a public advisory for high tides from 24 to 27 July. The waves are expected to reach 4.67 meters, prompting authorities to urge citizens to avoid seafronts during peak hours.

 Quick Recap for the Day
Historic: india signs FTA with the UK

Tourism Boost: Chinese tourist visas resumed

Markets Watch: Myntra faces financial scrutiny

Parliament Watch: Vice-Presidential elections in motion

Weather Caution: mumbai high tide alert issued

Sports: India’s Kabaddi league sees big money, and chess glory continues
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august 1

Sindujaa D N

01/08/2025 06:57 PM